How Select From Your Canadian Tax Software Packages: Revision history

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23 January 2025

22 January 2025

  • curprev 23:1223:12, 22 January 2025MargaritoChinner talk contribs 2,961 bytes +2,961 Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone who is in a high tax bracket to someone who is within a lower tax segment. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't have other taxable income. Normally, the other individual is either your spouse or common-law spouse, but it could even be your children. Whenever it is easy to transfer income to someone in a..."